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Saturday, June 04, 2011 4:34:50 PM
The main point to consider is that SGCP can produce significant extractions without machinery of any sort.
In a place when gas and machinery maintenance could get out of control costly that is a very clear advantage.
That particular release was the second Extraction report of the year and was about 1 month after the first extraction report.
For those who are not aware the equipment we were waiting for was the mobile wash plants.
Dredges created a new thrust after that.
We continued to extract one kilo per month but quickly built up to 2 kilos per month which were reported monthly, not quarterly or twice a year.
With the addition of equipment we were supposed to multiply those results.
Needless to say the stock traded far higher then with far less dilution.
The Pamapana River is far more promising than any of the areas we have gone to since leaving the Pampana River area.
It is a very good thing to get back to the Pampana area but the company need to make an official announcement if that is the case IMHO.
Good post MDB in any case. Thx for taking the time to find it as I have also done many times in the past.
The Pampana Area is incredibly rich as all three Independent Reports indicated and proved.
The testing, sampling, methods, extractions and lab analysis to create those Reports was extensive and exceptionally promising.
eye
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